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“# How blockchain technology might bring triple-A games to metaverses ” Nonfungible token-based projects like Loot and The N Project have helped spike interest in the Metaverse to an all-time high, raising hopes again that blockchain will finally break through to the masses. Will it, or is history doomed to repeat itself? The problem is…
“# Solana Ventures, Lightspeed Venture Partners and FTX launch $100M gaming fund ” Some of blockchain’s biggest venture firms have spearheaded a new investment fund dedicated to Web 3 gaming, also known as GameFi, potentially opening the door to a highly lucrative industry that sees cryptocurrency and blockchain merging with the traditional gaming sector. On…
“# Should Zuck lead us to the Metaverse? Crypto leaders weigh in ” Crypto leaders are divided over whether Mark Zuckerberg should lead Facebook into the Metaverse, with Hodl Asset’s Jenny Ta saying he needs to resign if Meta is to succeed while Animoca’s Yat Siu says Zuck is the only one who can drive…
“# FTX-backed studio explains why Solana is better for game developers ” While the Ethereum blockchain has the community advantage, the competition with Solana is heating up thanks to the rise of blockchain-based play-to-earn games, which is now simply called GameFi. Founded by Scopely and Glu Mobile veterans, game developer and publisher Faraway announced that the…
“# Everyone’s in The Sandbox: Artists, brands and creators pile into the Metaverse ” The blockchain gaming ecosystem has seen explosive growth over the course of 2021 as nonfungible tokens (NFT) and the play-to-earn gaming model helped create new income opportunities for people around the world while also ushering in a new cohort of users…
“# Monster-battle NFT game Axie Infinity soars in popularity among developing nations ” It’s no secret that video-game streaming platforms, such as Twitch, have made it possible for players to earn money by broadcasting their gaming experience to an audience of gaming enthusiasts. But now, the tokenomics of blockchain-powered digital games like Axie Infinity have…
“# Crypto.com co-ops with esports host Twitch Rivals for global crypto outreach ” Twitch Rivals, an esports tournament host featuring Twitch streamers and pro gamers, has onboarded crypto trading platform Crypto.com as a global marketing and cryptocurrency platform partner. The multi-year partnership will see Crypto.com as an official partner of Twitch Rivals in the Asia-Pacific…
“# Microsoft muscles into the Metaverse with Teams updates and Xbox upgrades ” U.S. tech giant Microsoft is taking the plunge into the Metaverse via updates to its Teams and Xbox gaming console services, along with a new product called “Dynamics 365 Connected Spaces.” Microsoft CEO Satya Nadella announced the firm’s Metaverse plans for Teams…
“# Illuvium, LCX and Tokemak hit new highs as Bitcoin dominance lingers ” During bull markets, altcoins tend to accrue gains when Bitcoin price consolidates and at they run in tandem with BTC price during breakouts. This dynamic appears to be at play today because multiple altcoins went parabolic at the same time that BTC…
“# Former Activision, Disney and Lucas Films devs reveal NFT-powered video game ” Video game publisher MetalCore Foundation has unveiled a new open-world game that incorporates nonfungible tokens, or NFTs, into the gaming experience, highlighting the continued innovation underway in the GameFi sector. On Tuesday, the foundation unveiled MetalCore, a massively multiplayer combat game that…